NEWPORT, R.I. (AP) — NEWPORT, R.I. (AP) — Pangaea Logistics Solutions Ltd. (PANL) on Thursday reported profit of $11.7 million in its first quarter.
The Newport, Rhode Island-based company said it had profit of 25 cents per share. Earnings, adjusted for non-recurring gains, were 14 cents per share.
The maritime logistics company posted revenue of $104.7 million in the period.
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